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. >>> washington watchdog. jon karl finds hundreds of millions of taxpayer dollars wasted. >>> lesson from the tape a little boy disappears. his first time walking home from camp. a new insight for parents about when a child should be out alone. >>> healthy living. a big change in what your doctor should be doing for you. dr. richard besser on the secrets of getting the health care you deserve. >>> and, watch out, world. the american girls who took the prize at the biggest, toughest science competition in the world. >>> good evening. for the fifth time this week, republicans and democrara were squabbling and arguing about what to do, as the clock keeps ticking down. the august 2nd deadline, when america will default on paying its debts to the world, which would cause a body blow to the american economy. the president said today he knows that people are stressed out by thaticking clock, and across the countryrywe heard it. so many people saying, this is exactly the reason they're frustrated with the way washington works. and abc's jim avila starts us off. jim? >> reporter: diane, wall street is nerv
they gotten in the way of her job before? would they get in the way if elected president? abc's jon karl has the doctor's not tonight and more on the controversy. jon? >> reporter: good evening, david. well, here is the doctor's note that michele bachmann has released today. it comes from the in-house doctor here in congress and it gives her a clean bill of health. the letter from the top doctor in congress says bachmann has had extensive evaluations. your migraines occur frequently. when you do have one, you are able to control it well. the issue was first raised monday be the daily caller website, which quoted anonymous sources saying bachmann suffers from incapacitating headaches. today, she was still facing questions. >> we released a statement on the issue. and as commander in chief, i'm going to make sure that we get our fiscal house in order. >> reporter: bachmann acknowledges occasional migraines. her campaign points out her packed schedule hasn't been affected a bit. but today, tim pawlenty, the republican candidate most threatened by bachmann's rise, pounced on the report. >> going
at the white house tonight. david, thank you. >>> i want to bring in jon karl tonight, also right there in washington, and jon, you've been deking into what's been going on behind the scenes s re and you told me, you have the president and republican house speaker john boehner actually close to a deal and then what happened? >> reporter: that's right. they were both ready to begin talking about this big deal, but what happened is, speaker boehner faced the opposition, not only from tea party members of congress, but from his own leadership. eric cantor, the number two republican in the house, actually told him point blank that he would not support such a big deal if it included anything that could be called tax increases and cantor said, yhe would lose many, many republicans in the house. >> and it was not only eric cantor on the republican side, but nancy pelosi on the democratic side giving the president trouble. >> reporter: absolutely. i spoke to a lot of tom democratic leaders about this. former speaker pelosi made it clear that she was not going to support anything that woul
)s, other big costs. jake tapper and jon karl have been tracking it. >> reporter: last night after their prime time addresses to house speaker john boehner was overheard saying he didn't sign up to go mano a mano with the president after the president called for congress to compromise. the president spoke sternly to the american people last night blaming house republicans, especially freshmen, for holding up a debt deal. >> the only reason this balanced approach isn't on its way to becoming law right now is because a significant number of republicans in congress are insisting on a different approach. >> reporter: house speaker john boehner responded that the president wants to continue his rampant spending. >> the president often said we need a balanced approach, which in washington means, we spend more and you pay more. >> reporter: right now there are two competing bills, to raise the debt ceiling and reduce the deficit. a house one that likely cannot pass the senate and a senate one that cannot likely pass the house. both cut more than $1 trillion in spending and do not raise ta
on the outcome. abc's jon karl joins us with the latest. what about it? how close are we finally to a deal? >> reporter: getting close to a deal. the outlines of this deal include up to $3 trillion in spending cuts over the next ten years including some cuts to popular entitlement programs like medicare and social security, also, elizabeth, it would include a promise or a commitment that congress would bring more money in through tax revenues by reforming the code, closing some of those loopholes, something that congress would act on. >> that last one, isn't that basically a tax increase in disguise? >> well, certainly some will call it that. the rates won't go up. congress would have to act over the next year. if they didn't ago, automatic steps would be taken that both sides wouldn't like which would be tax hikes and spending cuts possibly talking about repealing part of the health care bill. >> even if president obama and speaker boehner reach a deal they have their own rank and file to make happy. i was struck by a comment by barbara mikulski. we heard reports of a trillion dollar cut
Search Results 0 to 4 of about 5